Is this information enough to call Archdiocesan Finances Transparent?

A SILENT VOICE Reader mailed this information, which he claims to have downloaded from Bombay Archdiocese Website…..Publishing the same, for reader’s knowledge.

Will the Archdiocese be as enthused,  on putting up matters related to finance and properties, transparently? 

GREG

 

English: TAKEN DURING WIKIPEDIA TAKES MUMBAI 1...

English: TAKEN DURING WIKIPEDIA TAKES MUMBAI 1 PHOTOWALK (Photo credit: Wikipedia)

ARCHBISHOP HOUSE, BOMBAY

Finance Department

Financial Administrator: Fr. M. Sunder Albuquerque.
Assistant to the Financial Administrator: Fr. Avin Franklin
Financial Advisor to the Archbishop: Mr. Mario S. Colaco

Office Hours:
Monday-Friday: 9.00 – 13.00 hrs; 14.00 – 17.00 hrs.
Saturday: 9.00 – 13.00 hrs.
Closed on Sundays and Public Holidays.

Main Objective:  Advise the Archbishop in the administration of finances and properties of the Archdiocese as governed by Canon Law and as further determined by the Archbishop of Bombay.

The Finance Department is headed by the Financial Administrator. A financial advisor to the Cardinal is appointed by the Finance Committee who advices the Cardinal in all his decisions pertaining to the Archdiocesan finances.

The Archdiocesan Finance Committee administers all the monetary transactions and dealings of the Archdiocese. The Committee members are experts on legal matters, property dealings, banking, investments and auditing. All the first and Second Sunday collections from the Parishes come to the Finance Office. This money is disbursed by the Committee for various areas of Diocesan work. The Finance Department comprises ten employees who have been selected on the basis of the Code 2006 booklet prepared by the Employment and Conciliation Committee of the Archdiocese.

The Finance Committee is responsible for the allocation of money to various aspects of Diocesan functions like developmental projects, Investments, Banking, buying or selling of Property, expenditure on various social and religious causes, internal auditing of Archdiocesan institutions (schools, hospitals, training centres etc)  and organisations (committees, commissions, associations etc)and Expenditure on the Human Resources Department. In short, is responsible for the proper and efficient management of the Archdiocesan money keeping with all the legal and ethical requirements.

According to the guidelines given by the Archdiocese, when any individual Parish has to incur an expenditure amounting to between Rupees Fifty thousand and Four Lakhs, the parish priest has to take the permission of the Parish Finance Committee. When the expenditure to be incurred is between Four lakh and one million, then the Priest would require the permission of both the Parish Finance Committee as well as the Cardinal. However, the Diocesan Finance Committee comes into play when the proposed expenditure crosses Rupees Ten lakhs. The Finance Committee along with the College of Consultors would analyze the situation and thereafter give permission. The College of Consultors (footnote) would look at the pastoral aspects whereas the Finance Committee would look after the technical aspects. When the Expenditure is above one crore, the Cardinal would refer the matter to the Pope.

Annual audited financial statements are prepared and submitted to the Income Tax department, Registrar of Societies and Ministry of Home Affairs – Foreign Contribution. A consolidated annual financial statement of the Archdiocese is also sent to the Holy See.

Footnote
College of Consultors- In a diocese, the college of consultors consists of priests charged with advising the bishop; some decisions require that they be given a hearing, others require their consent;

The Archdiocesan Finance Committee:

The Finance Committee serves as the principal consultative body for the diocesan Bishop regarding the administration of the temporal goods of the Archdiocese in accordance with Church Law (canons 492-493). Its members, appointed by the Bishop, are selected for their expertise in financial affairs and civil law.

The Finance Committee is to annually examine and approve a budget of the income and expenditures, which are foreseen for the entire governance of the Archdiocese, and is to accept a financial report of the Archdiocese at the conclusion of each fiscal year.

The current members of the Finance Committee are:
Mr. Joaquim Reis (Chairman), Fr. M. Sunder Albuquerque (Secretary), Fr. Elias D’Cunha, Ms. Joan Manohar, Mr. Mario Nazareth, Mr. Julius Chagas Pereira, , Mr. Eric Pereira.

Metropolitan tribunal:

The Metropolitan Tribunal is the vicariate established by canon law as the judicial arm of the archbishop’s government of the archdiocese. As such, it is the court system of the Church and the canonical forum for the resolution of legal questions arising from the activity of the Church and of the faithful.

The Office of the Tribunal:
Ground Floor,
Archbishop’s House,
21, Nathalal Parekh Marg,
Mumbai 400 001
Tel no: 2202-1093/-1193/-1293
Fax: 2285-3872

Office Hours:
Monday-Friday: 9.00 – 13.00 hrs; 14.00 – 17.00 hrs.
Saturday: 9.00 – 13.00 hrs.
Closed on Sundays and Public Holidays.

 

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4 Comments

  1. December 12, 2013 at 7:55 am

    […] Is this information enough to call Archdiocesan Finances Transparent? (silentmaj.wordpress.com) […]

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